General Lighting segment was the largest segment in the electric
lighting equipment manufacturing market with around 80% share of the
market. This can be attributed to comparatively high demand for electric
light bulbs and tubes from individual customers and commercial
establishments. Automotive Lighting segment was the second largest
segment in the electric lighting equipment manufacturing market with
around 20% share of the market.

Back Lighting segment was the third largest segment in the electric
lighting equipment manufacturing market with around 1% share of the
market. This is primarily due to comparatively low consumption of
backlight lighting products, which are only used in electronic products
manufacturing such as televisions and mobiles.

The top five competitors in the market made up 48.2% of the total market
share in 2016. General Electric Corporation was the largest competitor
with 15% of the market, followed by Panasonic Corporation, Koninklijke
Philips, Eaton Corporation, OSRAM GmbH.